PGM Cu-Ni Strike Near Thunder Bay

10 September, 2008. Anglo American has acquired a 12 % stake in the Australian mining firm Magma Metals Limited. Magma Metals had previously announced “spectacular” results August 11, 2008, in its exploratory drilling activities in the Current Lake intrusive complex north of Thunder Bay, Ontario, Canada.

Magma reports a 2.5 kilometer long strike zone with mineralization varying from 5.6 g/ton to 26.5 g/ton of Pt + Pd from one drill hole. The drilling revealed concentrations as high as several percent of Cu and Ni as well. Magma Metals reports that it has been undergoing a 24,000 meter drilling program to map the Thunder Bay claims.

3 thoughts on “PGM Cu-Ni Strike Near Thunder Bay

  1. Uncle Al

    One Enviro-whiner plus a pro bono lawyer could fix that. Fragile and endangered symbiotic archaeoprotists – threatened with extinction, that is forever – are growing in that unique microecological niche. If they cannot be found, all the more so. Ontario is threatened with social and economic catastrophes now crushing Athabasca, Alberta. 100% employment and another giant playground for mllionnaires – is that what Canada wants? NEVER!

    We must put an end to heavy metal mining to Save Our Children. Reestablish country & western mining! There are unknown hazards (that will not be herein be listed). Who hears the Giant Flying Vampire Toad (they biologically sequester palladium for their Sonogashira mating ritual) when it cries? If it is a meteorite we must call in paleoarcheaologists lest extrapolated space alien remains be unpublished.

    What about the US-Canadian Mine Shaft Gap? Merkwurkdigliebe!

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  2. Uncle Al

    Empirical reality is all we have – don’t have less. No stuff, no things. If it is not an engineering solution it is not a working solution. If the model is wrong it must be changed not enforced. Don’t design without periodic boundaries because mistakes propagate. Now, take the opposite to obtain social activism (humor with a bar tab).

    Louisiana is 134,382 km^2 of poverty. Plant half that with oil palm. 16.6 million acres producing 635 gallons/acre-year of biodiesel yield 10.5 billion gallons/year or 21% of US 2006 diesel consumption. Nah. We must cherish their way of life! Cherish all you want, but don’t make me pay for it when Louisiana can earn $30+ billion/year growing jungle grease (before genetic optimization). That more than doubles FY 2007 budget, becoming the 60th largest GDP of 200 nations. Oil palm likes fall rains. How amusing.

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